Filing Flows › Genesco (GCO) › Q1 FY26
Genesco (GCO) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Jun 12, 2025
Genesco (GCO) reported revenue of $474M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -36% from the quarter before. Operating margin was -5.9%, net loss $21.2M (4.5% of revenue).
Genesco, Q1 FY26: revenue $474M (+4% year over year), operating margin -5.9%, net loss $21.2M, operating cash flow −$101M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $474M | -36% | +4% |
| Operating profit | −$28.1M | -161% | — |
| Net earnings | −$21.2M | -162% | — |
| Operating cash flow | −$101M | -186% | — |
What changed
Revenue was $474.0M in Q1 FY26, up 4% year over year and down 36% from the previous quarter. Journeys Group Segment was the largest line at 58% of revenue. Journeys Group Segment added $13.2M year over year (up 5%), 81% of the total change. Johnston and Murphy Group Segment declined 3%.
Gross margin was 46.7%, down 0.6 points from a year earlier. Operating costs exceeded revenue by $28.1M, an operating margin of -5.9%. Operating expenses grew 0% against revenue growth of 4%. The quarter ended with a net loss of $21.2M, after a profit of $34.4M the previous quarter.
Operating cash flow was −$101.0M. Non-cash charges added back $13.4M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items used $96.2M. Capital expenditures of $18.9M exceeded it, leaving free cash flow of −$119.9M.
Questions
What was Genesco's revenue in the first quarter fiscal 2026?
Genesco (GCO) reported revenue of $474M for the first quarter fiscal 2026 (Q1 FY26), +4% from a year earlier and -36% from the quarter before.
Was Genesco profitable in the first quarter fiscal 2026?
Operating loss was $28.1M (-5.9% of revenue) and net loss $21.2M.
Source: Genesco 10-Q on SEC EDGAR.